'Wizard of Oz' for restoration re-release for 75th anniversary in 2014

The Wizard of Oz is to be re-released in time to celebrate its 75th anniversary in 2014.

The classic 1939 movie starring Judy Garland will be given a restoration by Warner Bros Home Video, which currently owns the rights.

Warner Bros announced today that all DVDs and Blu-ray discs will stop being shipped from May 1 this year, with a relaunch scheduled for 2013.

"We expect 90-95% consumer awareness, with a kickoff event consistent with only a handful of titles that are considered the crown jewels of our library," theatrical catalog chief Jeff Baker said in a statement.

It has currently not been confirmed whether the re-release will be limited to just home media, or whether the restored film will also be sent out to cinemas.